#6 - Lesley Batson Infinite Banking in the Spendthrift Trust

Stop Paying Capital Gains, NOW!

On today's episode of the Stop Paying Capital Gains, NOW! Podcast, host Sally Gimon sits down with Lesley Batson, an authorized Infinite Banking practitioner, to discuss the concept of Infinite Banking and how to use this powerful strategy to build wealth, control, and liquidity through leverage. Lesley emphasizes the importance of understanding the difference between term life insurance and whole life insurance and how whole life insurance can be a better option for building wealth and passing on equity or death benefits to loved ones without incurring any income tax. This episode also covers the spendthrift trust, a powerful tool for avoiding capital gains and saving money quickly. Join Sally and Lesley as they explore these key concepts!

Outline of this episode:

1:46 Debunking Dave Ramsey's Myths

4:37 Leveraging Your Wealth for Control and Liquidity

6:31 Unlocking the Potential of Infinite Banking and Whole Life Insurance

11:20 Understanding Infinite Banking

13:36 Leveraging Equity and Building Generational Wealth through Whole Life Insurance

16:05 Three reasons why people get life insurance.

21:35 Life insurance is like a savings account.

23:55 Getting a policy as soon as possible.

25:52 The importance of putting after-tax tax dollars.

This episode covers the following:

• Using a spendthrift trust as a way to save money and avoid paying capital gains tax.
• The benefits and drawbacks of Infinite Banking as a strategy for paying off debt and building wealth
• The concept of "infinite banking" which is a strategy that utilizes cash value life insurance policies as a personal bank
• The benefits of using cash value life insurance policies
• And so much more!

About Lesley Batson:

Lesley Batson is the CEO and Chief Wealth Strategist at Rebel Rock Wealth, a wealth strategy firm for independent thinkers. She is a financial professional, trusted advisor, and inspiring speaker who is disrupting the herd mentality around personal and business finance. With candor and the approach that knowledge is power, Lesley educates professionals, investors, and small business owners about how to truly take control of their finances and grow their wealth beyond Wall Street.

Connect with Lesley Batson on…

Website: www.RebelRockWealth.com

LinkedIn: https://www.linkedin.com/in/lbatson/

YouTube: https://www.youtube.com/c/RebelRockMoneyTalk

Facebook: https://www.facebook.com/RebelRockWealth

Connect and tune in to Stop Paying Capital Gains, NOW! on:

Learn more at www.TheTrustIsYou.com

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